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Pension Actuarial Consultant

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The Position

We are recruiting for an Actuarial Consultant to join the Retirement Practice in our CT office. This position affords an immediate opportunity to apply analytical, problem-solving, communication and technology skills contributing to the development of solutions to challenging client issues. The Actuarial Consultant will have access to and work under the guidance and mentoring of talented senior level staff and will work independently and as part of a team to deliver consulting services to a broad and diverse range of defined benefit, 401(k) and retiree medical clients. The Actuarial Consultant will be encouraged to engage in continual learning and development activities with the goal to advance to higher level positions and will be supported in pursing progress toward actuarial accreditation through our competitive exam program and policy.

The Role

You will assist in designing and evaluating employee benefit programs for a wide range of clients, with an emphasis on pension and post-retirement medical and insurance plans. You will also work with client teams to determine the adequacy, funding requirements and financial impact of these plans, and ensure compliance with government regulations and financial accounting standards.

Additional Responsibilities are as follows:

  • Perform actuarial valuations in accordance with IRS regulations and SFAS Nos. 87, 106, & 132
  • Review data and asset reconciliations, individual sample cases, and liability results
  • Prepare preliminary results and reports for funding and financial accounting purposes
  • Calculate PBGC annual premiums
  • Prepare and timely deliver government form filings
  • Assist in non-discrimination testing for qualified pension plans
  • Lead and/or participate in employee benefits and retirement consulting projects
  • Exposure to clients on a regular basis
  • Effectively manage clients, projects, and team members to meet client expectations
  • Act as a mentor and role model for consultants and associates and assist with or provide leadership
  • Participate in engagements to broaden overall human resources knowledge
  • Participate in practice development initiatives

In addition, the Actuarial Consultant must work with the enrolled actuary and consultant to ensure effective presentation of results to clients.

Key Requirements

Required:

  • 2 or more years of retirement actuarial experience
  • Successfully passed 2 or more actuarial exams
  • Experience in the US Pension Market

Preferred:

  • An undergraduate degree in Mathematics, Statistics, Actuarial Science or related discipline
  • An intent to attain actuarial accreditation
  • Relevant computer and software skills (thorough familiarity with Microsoft Office applications; programming knowledge beneficial)
  • Task management skills; detail orientation and organizational and analytical skills
  • Understanding of design, funding methods, financing, communication and administration of retirement plans
  • Understanding of client business issues
  • Excellent oral and written communications skills; ability to communicate effectively with clients
  • Ability to work well with other team members, and to provide leadership
  • Demonstrate ability to develop relationships within/outside of the Retirement practice
  • Must be a US Citizen or have US Work Authorization as we do not sponsor for any Visas

How To Apply

Please send a cover letter and resume to careers@odysseyadvisors.com for consideration.

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